Regulations Governing Futures Trust Funds Article 22

Rules governing the form, content, production, and dissemination of advertisements and promotional materials used by futures trust enterprises in offering futures trust funds to unspecified persons shall be prescribed by the Futures Association and submitted to the competent authority for recordation; the same shall be true of any amendment of the rules.Records relating to the advertisements and promotional materials of the preceding paragraph shall be retained for a period of two years.A futures trust enterprise that offers a futures trust fund to persons meeting certain eligibility requirements may not engage in general advertising or public solicitation during the period of offering and sale of the fund.A futures trust enterprise in violation of the preceding paragraph will be deemed to be making an offering to unspecified persons.The competent authority or an agency designated by it may at any time make random checks of the advertising or promotional materials used by a futures trust enterprise or its authorized futures trust fund distributor as well as records related to the advertising. The futures trust enterprise may not reject or impede the checks.